Economy
Asia Stocks Face Choppy Open as Tech Volatility Persists
Asian equities are poised for a mixed open after a volatile Wall Street session, where renewed selling in megacap technology shares offset...
#Inflation 196 articles
Markets
Williams: Policy Well Positioned for 2% Inflation Goal
Federal Reserve Bank of New York President John Williams stated current interest rates are well positioned to guide inflation to the central...
Stocks
Tech Sell-Off Drags Nasdaq Down 2.2% as Rate Hike Fears Intensify
Big Tech companies experienced a significant sell-off, pulling the Nasdaq composite down 2.2% in early trading, fueled by growing anxiety over impending...
Economy
Gold Holds Steady as US, Iran Report Early Peace Talk Progress
Gold prices stabilized after the US and Iran indicated initial headway in negotiations to end the war, which has disrupted global markets...
Economy
Trump’s Iran Threats Drive Treasury Selloff, Stoke Inflation Concerns
Treasuries declined and yields rose after President Donald Trump threatened military action against Iran, sending oil prices higher and prompting investors to...
Markets
Fed’s Preferred Gauge Signals Inflation Accelerating, Rate Hikes Likely
Forecasters anticipate the Fed's favored Personal Consumption Expenditures price index will show faster inflation for May, reinforcing expectations for interest rate hikes.
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
Finance
Bank of England Expected to Freeze Rates; Mideast Deal Calms Oil Markets
The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...